| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $12M | $4M | -70.8% | -15.3% |
| Op. Income | -$288.5K | -$3M | -$245.3K | 91.7% | -17.6% |
| Gross Margin | 13.5% | -25.9% | 7.0% | 39.4pp | 6.5pp |
| Net Margin | -8.9% | -29.6% | -6.4% | 20.7pp | -2.5pp |
| EPS (Diluted) | $-1.80 | $-20.40 | $-1.50 | 91.2% | -20.0% |
| Free Cash Flow | -$711.1K | -$4M | -$176.5K | 82.7% | -302.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $461.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $217.9K |
| General & Administrative | $532.0K |
| SG&A Expenses | $750.0K |
| Other Expenses | $1.3K |
| Operating Expenses | $750.0K |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$288.5K |
| Interest Income | $87 |
| Interest Expense | $631 |
| Other Income/Expenses | $729 |
| INCOME BEFORE TAX | -$287.8K |
| Income Tax Expense | $15.8K |
| Net Income from Continuing Ops | -$303.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$303.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$303.6K |
| D&A | $5.1K |
| EBIT | -$287.2K |
| EBITDA | -$282.0K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$303.6K |
| Depreciation & Amortization | $32.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$58.4K |
| Change in Working Capital | -$389.6K |
| OPERATING CASH FLOW | -$719.6K |
| Capital Expenditure | $8.5K |
| Acquisitions (Net) | -$723.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$715.0K |
| Net Debt Issuance | $644.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $644.3K |
| FREE CASH FLOW | -$711.1K |
| Net Change in Cash | -$821.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356.7K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $163.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $153.2K |
| Deferred Revenue | $237.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $26.1K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $12M |
| Net Debt | $11M |
